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48 Columbia St Poughkeepsie, NY 12601

For Sale
$950,000

Turnkey 5-unit mixed-use building with parking near Vassar Brothers.

Lot size:
0.21 Acres

Property Features for 48 Columbia St

General Information

Standard status
Active
Lot size
0.21 Acres

Building Details

Year built
1900

Source: SERHANT LLC Agent JAKE GARAY

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Investment Opportunity Near Vassar

This well-maintained 5-unit mixed-use building is located in Poughkeepsie’s Campus Development (CD) District, one block from Vassar Brothers Medical Center. The property features three 1-bedroom apartments, one 2-bedroom apartment, and one commercial space. The sale includes a separately deeded 0.11-acre parking lot on Franklin Street. The property is located near Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America. This investment opportunity delivers an 8.7% cap rate and offers strong in-place income with room for future upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Poughkeepsie
County
Dutchess
State
New York
Longitude
-73.934136
Latitude
41.6964074

FAQs

What type of property is this?
Mixed-use property - Turnkey 5-unit mixed-use building with parking near Vassar Brothers.
Where is this mixed-use property located?
The property is located at 48 Columbia St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: - Prime location: one block from Vassar Brothers Medical Center; - 8.7% Cap Rate in Poughkeepsie's Campus Development District; - Turnkey, well-maintained 5-unit mixed-use building
More about this property
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